Gold Edges Higher After ECB Rate Decision

Gold edged up on Thursday after a European Central Bank (ECB) meeting that left interest rates unchanged, and as investors awaited a series of U.S. jobs data for cues over economic growth in the world’s largest economy.

As expected, the ECB held its main interest rates at 0.25 percent.

A mixed bag of U.S. data left investors on edge this week, adding to pressure stemming from the emerging markets turmoil, which at times has underpinned safe-haven assets such as gold and the yen.